Overview
The 36,300 clothing retailers in the US generate revenue by selling a variety of apparel and apparel-related products to consumers. Clothing stores sell primarily new clothing, and may specialize in a particular category, such as men, women, children, infants, families, or accessories. Family clothing stores account for 63% of industry sales. Women’s clothing stores are 23%; other specialty stores are 9%, and men’s clothing stores are 5%.
Seasonality of Demand
Most clothing stores experience major seasonal fluctuations during the winter holiday and back-to-school periods.
Trends and Fads Rapidly Change
The clothing industry is in a constant state of change, driven by fashion trends and fads.
Industry Financial Benchmarks
Here are typical financial statements for clothing stores.
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